Established And Profitable Check Cashing Business
Fort Lauderdale, FL Broward County
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- RE: Established And Profitable Check Cashing Business
- Contact: Russell Cohen
Quick Facts
| Asking Price: | $450,000 | |
| Annual Revenue: | $312,348 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $172,743 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $25,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2004 | |
| Employees: | 2 | |
| BBN Listing #: | 999544 | |
| Broker Reference #: | 1287-00100 |
Business Overview:
Located in a high-traffic corridor in Central Broward, this established check cashing and financial services business offers a profitable, recession-resistant opportunity for a hands-on owner. In operation for over 20 years, it has built a loyal customer base by providing dependable services including check cashing, money orders, bill payment, and other financial solutions.The business sits on the corner of a major road with hundreds of thousands of cars passing monthly and is surrounded by residential neighborhoods, retail centers, and businesses. Hundreds of new apartment units are currently under construction nearby, further boosting future growth.
Financial performance is strong, with 2024 Owner Benefit of $172k on sales of $313k. Rent is just $3,000 per month for an 800 sq. ft. location and includes electric and water. The seller will provide training, and two experienced clerks are willing to stay on.With a prime location, low overhead, and opportunities to add services such as payday loans, ATM placement, or money transfer partnerships, this is a turnkey business with proven demand and clear growth potential in the thriving South Florida market.
Contact the Seller:
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Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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